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Zama Protocol implements private stablecoin transfers on Ethereum, OG NFT claim portal coming soon
【Blockchain Rhythm】 Privacy computing track has new developments. Zama Protocol officially launched on the Ethereum mainnet on December 31st and successfully completed the first transfer of the privacy stablecoin cUSDT based on FHE (Fully Homomorphic Encryption) technology. This can be considered a milestone on Ethereum L1—the first implementation of confidential ERC-20 transfers, and the cost is quite well controlled, with each transaction costing only about $0.13.
Speaking of NFT holders, Zama Protocol has not forgotten them. The official announcement states that the Zama OG NFT claim portal will officially open on January 5, 2026. This leaves a point of anticipation for community members.
From a technical perspective, the implementation of fully homomorphic encryption on blockchain has always been a challenge. Zama’s ability to keep costs at this level while ensuring privacy demonstrates significant technical strength. The privacy computing track is gradually maturing, and further developments are worth watching.